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There are only two owners of record for all surface and subsurface areas contiguous to <br />any part of the permit area. These are: (See Map 3 -1): <br />U.S. Department of Interior <br />Bureau of Land Management <br />Colorado State Bank Building <br />Room 700, 1600 Broadway <br />Denver, Colorado 80202 <br />Oakridge Energy, Inc. <br />4613 Jacksboro Hwy. <br />Wichita Falls, TX 76301 <br />The mine name is the Carbon Junction Mine (MSHA, I.D. No. 05- 03683). <br />There are no outstanding bids, options or interests in lands which are a part of this permit. <br />The applicant is a leaseholder of additional lands in the general area. <br />2.03.5 Compliance Information <br />The applicant, its subsidiaries, affiliates, and /or persons controlled by or under common <br />control with the applicant have never had a federal or state mining permit revoked or <br />suspended except as discussed below. Neither has the same forfeited a bond nor similar <br />security except as discussed herein. Because of a loss of its prime bonding company, <br />Oakridge entered into a special mutual agreement for succession of activities pending <br />bond replacement. Its permit was accordingly revoked pending replacement of a valid <br />bond. Subsequently, Oakridge provided a replacement bond and obtained a new CDMG <br />mining and reclamation permit. Information regarding the 1990 -1992 activities of the <br />Colorado Mined Land Reclamation Board has been included in Appendix 3 -5. <br />Pueblo Coal Inc. (PCI) was the predecessor permittee and operator of the Carbon <br />Junction Mine under CDMG (then CMLRD) permit C -82 -054, issued in 1983. In 1988, <br />PCI filed for bankruptcy under Chapter 11. Approximately one year later, the bank <br />which issued the reclamation bond was closed by the Comptroller of the Currency. Due <br />to these circumstances, the Mined Land Reclamation Board revoked the mining and <br />reclamation permit (C -82 -054) and forfeited the performance bond. The claim on the <br />performance bond was denied by the Federal Deposit Insurance Corporation. <br />Subsequently, Oakridge Energy provided performance bond coverage and submitted a <br />new permit application to the Colorado Division of Minerals and Geology. The new <br />permit application (C -92 -080) was reviewed and accepted by CDMG. Oakridge Energy <br />provided acceptable performance bond coverage throughout the process, and the <br />operation is adequately permitted and bonded at this time. The details of the above <br />historical events are fully described in CDRMS records. <br />Abridged Permit Document 3 -7 Feb 2008 <br />